Today NS may face stiff resistance at 5403 and go upto 5463 level

NF Daily Chart

Nifty broke the pivot as I told yesterday, that it may reach 5332 level and NS went beyond that and touched the day high at 5391. Nifty closed beyond all EMA on daily basis and closed above the the daily pivot too. If NS sustains this hold of 21-DEMA(5385) then more upside to 5400 and breaking that will take to 5463. I told earlier in previous post that this is not a bear market but just a correction.


TT Data has been updated.

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